Tag: gift

Columnist Hunt explains Tyson’s greatest gift to Mary Baldwin

Cynthia Haldenby Tyson, president of Mary Baldwin College (now university) from 1985-2003, died on January 7, and is being remembered for the programs she initiated and buildings constructed during her tenure. From my perspective her greatest achievement will not appear on those lists. It was more subtle and harder to document. I met Cynthia Tyson […]

I Want To Help My Son Buy A House — If I Give Him $30,000 For The Down Payment, Will I Pay A Gift Tax? Do I Need To Report This To The IRS?

Considering assisting your son with a $30,000 contribution toward the down payment on his first home? This act of generosity can significantly ease his homeownership journey. However, it’s important to understand the tax implications for both you and your son as well as the reporting requirements to the IRS. Don’t Miss: Understanding Gift Taxes For […]

Apple agrees to settle lawsuit over iTunes gift card scam

By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit its gift cards, and keep stolen funds for itself. According to a filing on Wednesday in federal court in San Jose, California, Apple and the plaintiffs have agreed on material settlement terms after working with […]

Mich. teens jailed after police investigate gift card theft

Dec. 27—Three teenagers from Michigan were jailed over the weekend after police said they provided fake names while authorities were investigating a theft of $400 in gift cards in Ligonier Borough. Keenen E. Reese II, Rashad A. Shahid and Malik S. Spillers, all 18, of Flint, Mich., all are being held at the Westmoreland County […]

Kyle Rittenhouse Gets Backlash After Trying to Hock New Book as a Christmas Gift

Controversial former murder defendant Kyle Rittenhouse is facing online backlash after promoting his new book, “Acquitted,” and recommending it as a Christmas gift for the special price of $59.99 for an autographed copy. The book recounts his experience of being thrust into the spotlight, navigating a court battle after fatally shooting two men, Joseph Rosenbaum, […]